REGISTRATION OF IMPORTED SHIPS (Part II)
Technical Inspection Form: Carried out by the authorized inspectors of the Maritime Transportation Department of the MOPT. Section 65 RORPPM.
Property Law
REGISTRATION OF IMPORTED SHIPS (Part I)
As people find Costa Rica the place to live, enjoy or retire, many want to take advantage of the beautiful nature, scenes, oceans, and fishing
Building Permits in the Pura Vida land: Steps to take before breaking ground (Part II)
In the previous email we reviewed the first requirements requested. Now we will finish reviewing the mandatory and essential documentation required as well as additional documents...
Building Permits in the Pura Vida land: Steps to take before breaking ground (Part I)
Many new buyers may want to develop their Costa Rican land acquisitions. Regardless of whether the development plan is for a family vacation home, condominium complex, or hotel...
Chartering in Costa Rica for international vessels is allowed!
Ley de Impulso a las Marinas Turísticas y Desarrollo Costero
Rental Properties: Mandatory registration for non-traditional lodgings (Part II)
Companies that are intermediaries, such as Airbnb, are also required to follow the regulations of Law N. 20865, including paying the taxes due if the user's payment is made through the service platform.
Rental Properties: Mandatory registration for non-traditional lodgings (Part I)
As established in the "Law for the Regulation of Non-Traditional Accommodation Through Digital Platforms (N. 20 865)", rental properties in Costa Rica for tourist
2020 PROPERTY TAX
Due: March 31stof each year.
Property owners must pay Property Tax (Impuestos Bienes Inmuebles) and garbage collection fee (recolección basura) to the Municipal Government where the property is located.
IT’S ANNUAL TAX TIME
It's Annual Tax Time
Like in other global markets, Costa Rica also has its share of annual taxes.
CAPITAL GAINS IN REAL ESTATE
The Law #9635 creates a Capital Gains Tax of 15% which will apply to all investment income and real estate.
For real estate transactions the law provides a one-time exemption for property owners that owned property before the law came into effect on July 1st 2019.